- 1971 - The San Diego Rockets announce that they will move to Houston, Texas and become the Houston Rockets.
- 1972 - In one of the most lopsided trades in NBA history, the Houston Rockets trade future Hall of Famer Elvin Hayes (right) to the Baltimore Bullets for forward Jack Marin and future considerations. Hayes scored 15,551 of his 27,313 career points in a Bullets uniform, averaging 21.2 points and 12.7 rebounds over his nine seasons with the Bullets.
- 1972 - President Richard Nixon signs the Higher Education Act of 1972 into law. Little noted at the time, Title IX of that act bars sexual discrimination in sports and other activities at colleges that receive federal aid. As a result, opportunities for women in intercollegiate sports have skyrocketed, and women's basketball in particular has benefited.
- 2005 - The NCAA imposes harsh penalties on the Baylor University basketball program for numerous infractions uncovered in the wake of a murder investigation. In addition, former Baylor coach Dave Bliss is hit with a "show-cause" order, effectively barring him from being hired by an NCAA Division I athletics program for ten years.